Rajasthan High Court held that initiation of proceedings under section 153C of the Income Tax Act based on WhatsApp chats with specific inputs cannot be said to be vague or hit by the strict ...

ii) Whether on the facts and in the circumstances of the case and in law, the Ld. CIT (A) was justified in deleting the addition of Rs. 1,00,00,000/ u/s 68 of the Act without appreciating that the ...

The NFAC had upheld the Assessing Officer’s (AO) addition of ₹72,81,670 under Section 69 of the Income Tax Act, 1961, treating all credits found in the assessee’s bank accounts as unexplained money.

The U.S. is among the top three export destinations for Indian textiles and apparel, contributing nearly 15–18% of India’s ...

The landscape of Indian business is constantly evolving, with mergers and amalgamations (M&A) serving as pivotal strategies for companies seeking ...

Supreme Court clarifies Sub Registrar’s limited authority in assessing vendor’s title under the Registration Act ...

ITAT Ahmedabad held that exemption under section 10 (23C) (vi) of the Income Tax Act is admissible to the trust has exist solely for educational purpose, thus since the hostel fees charged by the ...

Madras High Court disposed of the writ petition with direction to petitioner to challenge the impugned Assessment Order as well as Rectification Order before Commissioner of Income Tax (Appeals) [CIT ...

Summary of the Draft Reserve Bank of India (Co-Lending Arrangements) Directions, 2025 issued by Reserve Bank of India on April 09, 2025: ...

Securitization of stressed assets is a process where a lender sells its non-performing loans (NPAs) to a dedicated entity (SPE). This SPE finances the purchase by is ...

The Kerala High Court, upon reviewing the submissions, determined that the appellant’s assertion lacked merit. The court emphasized that a specific demand had been raised by the original authority.

It is definitely in the fitness of things that while taking economic offences cases very seriously, the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Serious ...